3577 Shipwatch RdJohns IslandSC29455
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Johns Island at 3577 Shipwatch Rd, Johns Island, SC, 29455 earns from $2,116/mo rent with a $2,491/mo payment. Total monthly income totals $2,116/mo. ROI tracks 13.51% on current figures, and rental yield reads 4.99% at a $509,000 purchase. Equity gained on principal adds $3,285/yr, and 5% annual appreciation supports $140,627 over five years. Five-year ROI reaches 68.21% and total cumulative return in cash sums $114,229. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,116/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29455, Johns Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 11,667 (59.3%) |
| Renter Occupied HU | 2,685 (13.6%) |
| Vacant Housing Units | 5,320 (27.0%) |
| Median Home Value | $618,048 |
| Average Home Value | $823,749 |
Housing Distribution
Address Breakdown
Residential
18,312
Single Family
17,492
Multi-Family
820
Businesses
663
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Listed by: N/A • Akers Ellis Real Estate LLC
Mls Name: CTMLS
Mls ID: #25016403